Legal Environment of Business

Explore and analyze the primary legal factors businesses must consider, including diverse types of formation and labor and employment, and understand how laws impact business sales, purchases, services, and strategy through case studies and real-world legal business scenarios.

Core Topics
  • Essentials of Business Law
    • Overview of the American Legal System & Legal Reasoning / Disputes
    • Business Ethics, Social Responsibility, & the Constitution
    • Criminal Liability & Torts
    • Contract Law
    • Sales Law
    • Employment & Labor Law
    • Government Regulation & Antitrust Law
    • Unfair Trade Practices & the Federal Trade Commission
    • Securities Regulations
  • Understanding LLCs
    • LLC’s Explained, and Is It Right for Your Business?
    • Starting an LLC, and Common Pitfalls

Learning Outcomes and Career Relevance

  • Explain and analyze fundamental business law principles to evaluate and mitigate legal disputes and risks in operations, vendor relationships, and human resources matters, including contracts, torts, employment, and workplace discrimination.
  • Evaluate legal requirements and risk management strategies for protecting business assets through vendor contracts, intellectual property rights (e.g., applying for patents and trademarks), and compliance measures.
  • Develop risk-based compliance strategies for domestic and international business operations, including vendor agreements, employment laws, and trade regulations.
  • Assess legal resources and support services for managing business disputes and risks, including vendor relationship management, intellectual property protection, employment and workplace discrimination, and regulatory compliance.
  • Apply legal risk analysis through experiential learning activities including drafting vendor contracts, analyzing case studies, and observing courtroom proceedings.